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Author Topic: Does IQ greatly affect a person's success in trading?  (Read 1265 times)
yanto@1977
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June 12, 2018, 05:43:48 AM
 #41

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

IQ meaning theory and when enter market IQ is nothing with out psychology. With IQ I can see clear about everything and create many analysis but with psychology I can decides which strategy/ step should do. IQ not always right but it will help us understand what happen ( thing ) from different aspect, with out that we don't have any reason to start activity. IQ and psychology is one part, don't split it. 

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June 12, 2018, 06:16:25 AM
 #42

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".
eare you really asking here?or you have just wanted to release opinion about IQ?

Well not all genius becomes successful and not all Those having High IQ can make profit in crypto trading this depends on what abilities you have and skills to make daytrading.
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June 12, 2018, 07:20:46 PM
 #43

I think IQ helps as you need some level of intelligence to understand how to trade in crypto. However, it is not the sole factor to succeed. EQ is important to stay calm and focused in a volatile market - especially now when everything is down

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June 14, 2018, 07:20:42 AM
 #44

IQ is an interesting way to "measure" one's intelligence, but there are seriously so many things in life that make us an "intelligent" individual. I would say that it doesn't matter your IQ for you to be successful. Sometimes people just get lucky or make a great decision based on past experiences that they have learned from. It is always a good thing to become educated in any work that you are doing so it will help you in the long run, though.

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June 14, 2018, 07:32:00 AM
 #45

In somehow, those who've got a a good IQ can assess well and can bring trading as a good source of income, they can analyze and intercept what asset
to buy and make an entry, if they will use this skills they have a good edge for them, as time goes by the outcome can be much better for people who
have a great judgement using their advance analyzing skills.
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June 14, 2018, 08:12:59 AM
 #46

Although an overall higher IQ will generally be an advantage in nearly every endeavour, keep in mind that there are different kinds
of intelligence,some person they excel at other endeavours. Bearing all this in mind, certain kinds of intelligence might make one a better trader than those who lack said intelligence to some degree, the kind of intelligence is depend on
person ability,to used it from different field, those are characteristics of a general IQ, but  they are specific traits in certain people,it just like  same with traders, what those qualities might be exactly, would need to be teased out in research.


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June 14, 2018, 08:21:58 AM
 #47

Nope. All IQ means is the ability to pass IQ tests. That's it.

You could be the most intelligent person in the world but a useless trader if you have no control over your emotions. Maybe being a little dull upstairs makes you better. You won't be swayed by theoretical possibilities. You'll stick to your moves.

Control over your emotions is the one thing above all you need. Not many have it.

The best answer here is:

Many Billionaires or Millionaires in the world are not very Intelligent. Just one example is the Owner of Starbucks and KFC.

However, These Billionaires or Millionaires hires very intelligent person to run their business or company.

In trading. You dont need to be very intelligent. Disciple, continuous learning and strategy is only the key.

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June 14, 2018, 08:27:00 AM
 #48

I think IQ helps as you need some level of intelligence to understand how to trade in crypto. However, it is not the sole factor to succeed. EQ is important to stay calm and focused in a volatile market - especially now when everything is down

Being calm during the storm is important. But then again those who have a higher IQ would not be a trader - they would actually be the exchange them-self or satoshi himself  Grin Then we have people who have good knowledge about the market but then they still are panic selling. Again some people might need money in states of emergency and thus have to get their funds out of the exchange.

Volatile market now means a better growth tomorrow. Keep up the hopes people.

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June 14, 2018, 08:28:47 AM
 #49

Although an overall higher IQ will generally be an advantage in nearly every endeavour, keep in mind that there are different kinds
of intelligence,some person they excel at other endeavours. Bearing all this in mind, certain kinds of intelligence might make one a better trader than those who lack said intelligence to some degree, the kind of intelligence is depend on
person ability,to used it from different field, those are characteristics of a general IQ, but  they are specific traits in certain people,it just like  same with traders, what those qualities might be exactly, would need to be teased out in research.




I'm also agree to that case,that rather analytic mind can understanding of the market that required,sometimes in person may  not know what IQ is and trade greatly, when trading on a profitable system,due to robots can trade again , if one  person can perform  as mechanical actions will result at the same time to earn with profit, although intelligence often makes the income bigger,but I really doubt that course advisors are written by people with low IQ,are not required to be trade?


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June 14, 2018, 09:03:09 AM
 #50

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".
With a low IQ, if you want to succeed at anything, you will still succeed and with a high IQ, if you want to fail, nothing will stop you either. Being highly intelligent does not have anything to do with trading, but at least someone with a good IQ, and who likes studying pretty well and absorbing things fast, may find it easier to grab things pretty fast but low or high IQ, everyone is still in the same boat and will have to learn first.

Probably you do not know that there are some attributes you will need to have to get the best from trading. Start learning regardless of your IQ levels. because with that, many people have cracked the trading into big fortunes and in very quicker time itself too.
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June 14, 2018, 09:23:45 AM
 #51

Higher IQ means more calculation before try to act.
As we know trading is Risk activity so higher IQ usually not a trader because they are not interested on trading

Trader usually counting on guts,capital, and chance not knowledge
ShadowBits
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June 14, 2018, 09:35:39 AM
 #52

many people have high IQ but not all of them are trading.
so, my question is "Whether high IQ it will affect the accuracy of one's decision making because to do Buy and Sell required the right decision-making, extensive analysis and detailed graph reading".

Nope, those IQ test may only test your memory and not the way it can test your psychological mindset. But I think it can help a lot when it comes to trading.
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June 14, 2018, 09:42:08 AM
 #53

Higher IQ means more calculation before try to act.
As we know trading is Risk activity so higher IQ usually not a trader because they are not interested on trading

Trader usually counting on guts,capital, and chance not knowledge
Even average IQ can do trading well because its not only IQ but sometimes emotional intelligence will take part specially in decision-making because there traders which is weak emotionally even if he is higher in IQ but weak emotionally sometimes emotions will prevail.



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June 14, 2018, 02:08:54 PM
 #54

In my opinion, IQ levels can greatly affect  ones; decision making and how someone approach such situations.
If that person is well informed and uses his knowledge to adapt skills, then there is a possibility that he will build his confidence on what he is doing and having confidence means he knows how everything works. Whether he may gain or lose at sometime, there is a possibility that he knows why such things happened and could accept it and move on to do better. Holding and handling emotions are very important. And I think have great knowledge is a great factor in establishing a good strategy.
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June 14, 2018, 02:14:48 PM
 #55

I think the EQ is more important in this case, controlling the emotions, also the knowledge for cryptocurrencies and tranding also of course are most important keys
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June 14, 2018, 02:28:03 PM
 #56

I do believe that IQ has very little contribution to the trade as well as into the other professions, what makes a good trader is the experience and the learning of methods of trade.
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June 14, 2018, 03:05:18 PM
 #57

In somehow, those who've got a a good IQ can assess well and can bring trading as a good source of income, they can analyze and intercept what asset
to buy and make an entry, if they will use this skills they have a good edge for them, as time goes by the outcome can be much better for people who
have a great judgement using their advance analyzing skills.
Differentiating a person who do have lower and higher IQ is understandable which you can able to point out their gap when it comes to analytic skills specially trading do involve mostly on these kind of matter.Thinking stuff and decision making is crucial which critical thinking would really be required.This is why i do agree IQ can affect persons success on trading but there are factors which are needed for you to control on which is outside on intelligence area which is your emotion and temper, its important for you to handle it because being bright or high IQ would be useless if you can able to control yourself.

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June 14, 2018, 03:27:47 PM
 #58

I think it affects but not that much. What is important in trading is EQ and not IQ. Discipline, patience etc. These are the most important things in trading

I consider myself as an semi - intelligent person (😂) but my trading skills are not that good.

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June 14, 2018, 04:26:11 PM
 #59

Having high IQ might help in the analyzing the trend in the market of cryptocurrency. faster thinking and decision during sudden trading. But I think a practical and hands-on experience would win over IQ over time especially in this very speculative industry. Just my newbie thoughts about it.
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June 14, 2018, 04:41:02 PM
 #60

I think it's very important because with the IQ you can see and think of the right time to buy and sell the right coin because if you do not have an IQ it seems difficult to think and it will be difficult to get a profit.



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